Hoya : Notice of Decisions on Matters Related to Share Repurchase (77KB)
May 15, 2024 at 04:34 pm IST
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May 15, 2024
Company Name: HOYA CORPORATION
Representative: Eiichiro Ikeda, President and CEO
(Code: 7741, TSE Prime Market)
Contact: Corporate Communication Department
Telephone: +81-(0)3-6911-4824
Notice of Decisions on Matters Related to Share Repurchase
（Based on Articles of Incorporation
pursuant to Article 459.1 of the Companies Act of Japan）
HOYA CORPORATION ("The Company") today announced that a resolution was made at the Board of Directors meeting on matters pertaining to a share repurchase based on Article 39 of Articles of Incorporation pursuant to Article 459.1 of the Companies Act of Japan as outlined below.
1. Reason for Share Repurchase
The Company decided to acquire its own shares with the aim of shareholders'benefit, improving capital efficiency and ensuring a flexible capital policy.
2. Outline of Share Repurchase
(1) Class of share to be repurchased:
(2) Total number of shares to be repurchased:
Total amount to be paid for repurchase:
Period of share repurchase:
Method of repurchase:
Others:
Common stock issued by Hoya Corporation 3.0million shares (maximum)
（0.86% of total shares outstanding, excluding treasury stock）
50billion yen (maximum)
May 16, 2024 through August 15, 2024 Purchase on the Tokyo Stock Exchange based on discretionary investment contract Purchased stocks are planned to be cancelled with the aim of shareholders' benefit
For reference (as of March 31, 2024)
Total number of shares outstanding (excluding treasury stock）
350,521,475
Number of shares of treasury stock
437,245
END
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Hoya Corporation published this content on
15 May 2024 and is solely responsible for the information contained therein. Distributed by
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Hoya Corporation specialises in the manufacture and commercialisation of optical products. Net sales break down by business segment as follows:
- health (66%): manufacturing of health care products (75.4% of sales; eyeglass lenses and contact lenses) and medical products (24.6%; endoscopes, medical accessories, intraocular lenses, artificial bones and metal implants for orthopedics);
- information technology (33.1%): manufacturing of electronic products (78.2% of sales; photomasks for semiconductors, masks and devices for LCD screens and hard disks) and imaging products (21.8%; optical lenses, optical glasses and laser equipment);
- other (0.9%).
Net sales are distributed geographically as follows: Japan (28.9%), China (8.2%), Asia (24.7%), Europe (19.3%), the United States (15.1%), the Americas (2.4%) and others (1.4%).
HOYA CORPORATION 
